FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, June 29, 1992

Credit Suisse Plans FX Push in London

Credit Suisse is making a strong push in its London FX operation, say bank executives, including the launch of a proprietary trading desk that will take short-term intraday positions, as well as a collateralized trading desk.

Banks Start Farming Out Proprietary Funds

In a move to diversify their risk and trading strategies, banks are starting to farm out some of their proprietary funds to independent currency managers.

Globex Goes Live